Word: 43rd
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Dates: during 1960-1969
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Though it is the world's biggest corporation, and earned $1.3 billion in the first nine months of 1965, the American Telephone & Telegraph Co. is not exceptionally profitable. Its return of only 8% on invested capital ranks it 43rd among the 50 largest utilities. By contrast, General Motors, which last week announced nine-month profits of $1.54 billion, the highest of any company ever, collects 22.8% on its capital. Reason for A.T. & T.'s modest return: as the nation's No. 1 private monopoly, it is sternly regulated and frequently investigated by Federal and state governments. Last...
...Center will taper to less than half-size at the top, stand on splayed steel legs, and jut out from Chicago's skyline like an enormous, glass-enclosed oil derrick. But far more revolutionary than its façade will be its double-duty interior plan. From the 43rd floor down, it is an ordinary office building, complete with seven floors of ramp-access parking. But from the 44th floor up, it turns into an apartment house with its own indoor swimming pool, enclosed shopping promenade and a topfloor restaurant...
...same year that London's Tate Gallery put on its bold survey of a decade of invention. That exhibition introduced a host of young Londoners. Venice's 32nd brassy Biennale gave official acclaim to U.S. pop. Germany's didactic Dokumenta III then launched op. The 43rd Pittsburgh International, better known as the Carnegie, fails to find any new avantgarde, but makes up for this lack with a rich platter of hearty helpings: 401 paintings and sculptures...
...Business Council that he believed the labor settlements in the auto industry had "probably been too big." Most important, the Federal Reserve Board's announcement that industrial production in September rose to 133.9% of the 1957-59 average meant that the U.S. economy had expanded for the 43rd consecutive month...
...started out in predictable, above-the-battle tones. Nobody ever had it so good, he said, ticking off the latest bench marks of prosperity. September was the 43rd month of economic expansion: employment stood at an impressive 70 million. He promised to give the economy still another shot in the arm by cutting excise taxes next year; he reaffirmed his stand on medicare, on increases in the minimum wage and unemployment compensation...